our political system on balance the republican party's job in the political system is not to be santa claus it's the job of the democrats the republican party is job in our american democracy is to be the party of restraint to be the party of discipline to be the party that takes away the punchbowl necessary if the party gets out of hand and you can't have a democracy that works if you don't have a conservative economic party we don't have one today we have two santa claus or i call them free lunch parties the democrats on spending the republicans on tax giveaways that never stop and dry part here and bipartisan consensus on the biggest defense budget in history and real terms that is eighty percent bigger than what eisenhower left on the table in one thousand and sixty when we face the soviet union sputnik and so forth and neither party is willing to take it on including the company in the white house so if we have bipartisan. basically capitulation so the military industrial complex. and tax cutting on one side and defending every dime of the welfare state on the other we're in bad shape

. >> tooth fairy, santa claus, how long do you keep the myths going?they should have been told by now, but some parents said, wait a minute, teacher, you overstepped. >> that's my job. >> i'm bummed out on this thursday morning. >> are you sure about that? >> really? oh, man. >>> before we get to that, serious news this morning. the state of georgia executed troy davis late last night. 22 years after the shooting death of an off-duty policeman for which he was convicted. >> as the hour of his death neared, davis lodged and lost one final appeal. abc's john hendren joins us with the details. hi, john. >> reporter: good morning, rob and tanya. it was a somber night for a man in georgia put to death despite lingering questions over his guilt. he's been on death row for two decades for a murder he says he did not commit. >> that is. >> that is. >> my name. >> my name. >> reporter: that wouldn't be unusual, except 7 of the 9 witnesses who helped convict him agree. all seven say he was not the man who gunned down off-duty police officer mark macphail. in 198

set fairly low for third-quarter earnings reports and i guess just nobody is really expecting a santa claus rally. we might be pleasantly surprised. but as away head into 2012, i think we are likely to see that we're going to be increasing the riskes of recession here in the u.s. as well as dipping into a new bear market environment. so i would tend to say that chances are the market will continue to be challenging in the year ahead. >> tom: so a new bear market. you think the s & ps could drop 20% below the highs we saw this year in april. >> that's right. you could say well, gee, that's not sticking your neck out too far. we were already down 18%. but if history repeats itself-- ask & there's no guarantee it will-- we could end up seeing the s & p decline the average 30% that it normally does associated with recessions and along with it, it could be dragging dun corporate earnings as it has by an average of 18% since 1948. >> tom: sam, tough environment you describe here in your research ponts. company is paying dividendes, companies with a history of rising dividends and investors favori

you came over yesterday with arms full of packages like santa claus, in late september, and this wholeg pregnant i have realized how grateful i am for so many reasons. obviously of course because we're expecting two baby girls which is the biggest reason to be grateful but also because i can't tell you how kind our viewers are. the nice messages i received on facebook. the e-mails. and it goes so far beyond what you would ever expect. and then on top of that, you came with all of these packages from viewers. so i wanted to show you some of the things that i got. there is a family in maryland, the wily family, and look at this. i have to cover myself. >> it is great. >> they made two of these. and they are hooded blankets and made them by hand. and they are really enjoyed doing it. i can't believe it. i got the hats from a viewer who helped with the babies. look at that. they're so cute. >> and another viewer brenda ward came over to the station on the last day and brought this. and these are from people, you know, that watch our news and i'm going to put my baby girls in this. and i ca

. >> kroft: the primitive five- minute cartoon featured an epic battle between jesus and santa clausoliday, as witnessed by a group of young boys that would eventually become the "south park" kids. >> help me put an end to him once and for all. >> no boys, help me. stan, remember the choo-choo when you were three? >> i died for your sins, boys. don't forget that. >> kroft: the video became an underground sensation. bootleg copies circulated all over the country, and ended up in the vcr machines of entertainment executives in l.a., new york and london. >> parker: that became so huge. i mean, it really was so viral, before youtube and all that. all of a sudden, people wanted to meet us more. and we got meetings everywhere, all of a sudden, and people were like, "okay, what do you want to do?" >> kroft: they eventually signed a contract to produce six episodes of a cartoon show based on "the spirit of christmas" for a fledgling cable network called comedy central. the show was named "south park" after a real place in a remote stretch of colorado, where trey parker says strange things al

. >> he was a cartoonist who was responsible for the image that we have of santa claus. by the time that bryan ran, besides those images, he is best known for these really a fact is images of the corrupt boss of tammany hall in new york. his images of boss tweed looking like a cd devil really helped to bring tweed down. there was a prosecutor who was able to bring down the tweed ring. >> we will go now to sacramento, calif. caller: my question originates from the american presidents series. there was a question about what grover cleveland thought of volumes jennings bryan -- of william jennings bryan. i am curious what he hated him for and if that was true. >> i will start. you can follow up. grover cleveland was a hard money democratic president. he did not like bryan's position. it was the silver at issue and the breaking of the cleveland administration of the purchase act that most got the ire of clover cleveland -- of grover cleveland. >> the democratic party, especially from the east where cleveland was from. people who believed in thomas jefferson and that the gove

basically innocent in in the in this memo was that historically the democrats have been always the santa claus party they did they brought social security and medicare and unemployment the five day work week it all these other kind of goodies and the republicans were always the scrooge as they always said no no no no so he had to figure out a way aid to get the republicans to be santa clauses and b. to cause the democrats to shoot santa clause and the way that the way that he did it very simple very straightforward he said whenever a republican comes into office that republican as president should see. spend like a drunken sailor borrow as much money as possible which would stimulate the economy ne and have lots and lots of tax cuts which would make the republican the santa clause and make everybody happy right and then as soon as the republican is all out of office and a democrat comes into office and starts screaming about the deficits don't talk about anything except the deficit's and force the democrats to say ok we're going to scale back spending in other words shoot santa clause in the s

i can tell them the icons, santa claus, easter bunny and man in the moon.t a strong mythology. we knew mythology for superman and batman. but for guys that believed in them, there wasn't much to go on. after dauntless research for 15 years i discovered the secret of man in the moon and how they became the magnificent people they are and look out for us and valiant. >> uma: absolutely. you are making a movie as well. >> dreamworks. dreamworks animation. be out in november of 212. >> uma: what is it about this time that is most piting given the fact that a lot of kids today are getting the books off the internet as opposed to sitting down and reading books today? >> there is nothing like intimacy of a book. tactical thing. the battery doesn't run out. if you drop it, it still works. if you drop it in the water, it still works. people will use tablets. books will never go away. this generation has gone up in reading and the screen. it will have an effect to tell a story. tablets do amazing thing. they take reading experience and they can make it more immersive

. >> and santa claus is real. >> uh-huh. >> in my house, is he. >> we love you on the doctors, as well. i saw you all this week. great job. thank you. >>> president barack obama is about to make a speech to the congressional black caucus. coming up, i'm going to talk with the chairman of the caucus, representative emmanuel clear of about what he kuls a job crisis for african-americans and how he wants urgency from the white house in dealing with the problem. >>> and a florida millionaire convicted today of shooting and killing his wife. we're going to have the inside scoop on why the jury had no choice but to convict. but first, remember how it was when you were in school? the teacher always in front, students at their desks taking notes? in tonight's perry's principles, contributor steve perry takes a look as kids take charge at least for a day. >> when the synapses in my brain connect, then i learn. >> the students are teaching class today at the beardsley school. the pupils, they're teachers. this role reversal is part of a revolutionary program developed by the national urban allia

something there inside that santa claus sack that's real and concrete and it excites people about thethat there is something there we didn't know was there. that's my big question. first david, then john. is he going to show us something that's startlingly new this week? . >> my guess is we're not going to see magic unicorns out of that bag. economists can tell you and they've been telling us for the last year and a half or longer there's a lot more that can be done to stimulate the economy to create jobs whether it's a major infrastructure program there are things that could be done that are not politically possible. to me it's not just what he unveils. the question is not the speech. it's what comes after the speech and how hard and how bold he's willing to be in going up against republicans to have this fight even though there's little chance anything big will pass through this republican congress. >> john, same question to you, will we get something new this thursday evening? >> it depends what the definition of is. i do think that he can use the element of surprise to get some tr

. >> look, harvard is like this big santa claus bag stuffed with crazy toys but when the holiday is over... >> this has been a little bit more of a holiday. >> you're going back to where you belong. >> you're going back to cranston rhode island and make cookies? >> pastries! and don't make fun of my father! >> then don't leave me, jenny. >> this man is taking it personally. >> where does it say you can't kill a cop. >> come on, mikey. >> wait a minute, i'm talking about a cop mixed up in drugs. i'm talking about a dishonest cop, a crooked cop who got mixed up in the rocket rackets and got what was coming to him. >> that's a terrific story. well, we have newspaper people on the payroll, don't we, charlie? th might lik a story like that. >> they might. they just might. >> it's not personal. it's strictly business. >> okay. it's okay. i'm a friend. come on. >> darling! >> the point is, i'm not in business to be loved but i am in business. whoever set your husband up set me up. l.a.'s a small town, people talk i'm trying to make a living, i don't want to become a local joke. >> i'll drop the

meaning, he's part sherlock holmes and part santa claus. what have we got here? >> purple heart. >> reporter: this pirates' booty is unclaimed property now stored in a secret vault. abandoned safety deposit boxes, often because of a death in the family. whaerts the weirdest thing you've come across? you've crocked open a safety deposit box and there is? >> one story that exists, there was a ski mask and a handgun in there. >> reporter: from safety deposit boxes to unclaimed cash of old bank accounts washington state collected $90 million last year alone. riches that frank is assigned to give back. >> since 2002, i've returned over $58 million to rightful owners. and there's no charge for anything we do. it's absolutely free. >> reporter: all-told the state has $830 million in unclaimed assets. items which are auction off every few years in if no one claims them. frank spends a lot of time on the phone. >> this is frank marshal, unclaimed property. how are you this morning? >> reporter: here's the strange part. when caller i.d. shows he's with the department of re

he's like a indictmented santa claus up and down the steps night after night after night. >> reportergot his first exposure to the skills of the working man when he was growing up in the countryside near baltimore and living next door to his grandfather carl noble. >> he could fix anything. brilliant mechanic. he only went to the 8th grade but he was one of the smartest guys i knew. i wanted very much to be able to do what my grandfather could do so i took all the shop classes in high school and all that stuff. but the sad truth for me is is i just... i didn't get the gene. in fact, my grandfather said to me, you said... he said you should really look into getting another sort of tool box. and so i did. >> reporter: instead of working with his hands, rowe started working with his voice. >> (singing). >> reporter: for almost five years starting in 1984, he sang with the baltimore opera company. although he claims his audition was awful. >> my pronunciation is terrible. i only get 30% of the notes. but i think they were just impressed that i actually walked in and actually tried to sell

called a locator in the unclaimed property section, meaning he's part sherlock holmes and part santa clauslittle bit of everything. silver mint coins. specialty sets here. over here we have war medals. >> reporter: this is a purple heart. >> purple heart. >> reporter: this pile of rich is actually unclaimed property. now stored in a secret vault. the contents of abandoned safety deposit boxes, often because of a death in the family. whasz the weird -- what's the weirdest thing you've come cross? you cracked open a book and -- >> i opened up one box and there was a ski mask and a handgun in there. >> reporter: from unclaimed cash to forgotten bank accounts, washington state collected $90 million last year alone. riches that frank is assigned to give back. >> since 2002, i've returned over $58 million to rightful owners. and there's no charge for anything we do. it's absolutely free. >> all told, the state has $830 million in unclaimed assets, items which are auctioned off every few years if no one claim -- claims them. so frank spends a lot of time on the phone tracking people down. a detec

i was thinking you are santa claus. >> the father and son on a manufacturing company in south they said originally saw the story and they were touched and felt like they had to do something. >> i told what happened and he felt the same way if we could help out the little girl and we wanted to help out little girl. the >> a walk like this cost over $3,000 in the family is grateful to have one donated they said the walker is the important part of her physical therapy. >> a live look outside this afternoon. it is another hot day out there today, take a look at our current condition still in the upper 90s in the inland valleys. we will bring the official record report of the high temperatures coming up in about 10 minutes. into open right now 81 degrees there, 90 in redwood city. the only place to see a little relief from the heat is closer to the coastline. 75 san francisco, 64 and half moon bay and temperatures for the most part are up this afternoon a few degrees, four degrees warmer in half moon bay the same in redwood city, a little cooler in san francisco and also the cooler and open.

. >> and we would get to make phone calls and we could call our grandparents or we could call santa claus was just the most fun time of the day. >> reporter: then,, every afternoon, the president would come home for a nap. >> i'd sit around while he got dressed. that was my hour. >> reporter: the two of them finding their way, now that his boundless confidence had taken them to the white house. he manages to push through the peace corps, tripe tries tax re but it stalls. so does health care reform. and then, three months in, confidence shatters. historian michael. >> he was aitting duck for the cia to say, we have this great plan to invade cuba. he didn't have the kind of knowledge that would allow him to say, this is going to be a failure. >> reporter: the bay of pigs. you can sese what's happening from one of his notebooks. the circled words. decision, decision, decision. the eisenhower cia has lurur him into signing off on a plan to have exiled cubans invade communist cuba and provoke an uprising. he's too green to ask the probing questions and expose that is doomed. the exiles invade.

. >> he was a cartoonist who was responsible for the image that we have of santa claus. he was a german immigrant. very popular images that he created of the democratic donkey and the republican elephant. by the time that bryan ran, i do not remember if nast is still alive or not, but besides those images, he is best known for the really vitriolic images of boss tweed, the corrupt boss of tammany hall in new york. his images of boss tweed looking like a seedy devil really help to bring tweed down. there was a prosecutor who was able to bring down the tweed ring. later on, a democratic presidential candidate. he prosecuted to read it and was able to bring down tweed wing, as it was known. >> we will go now to sacramento, calif. go ahead, please. caller: my question originates from the american presidents series. during the grover cleveland episode, there was a question about what grover cleveland thought of william jennings bryan. he said that grover cleveland hated william jennings bryan and he was not able to finish. i am curious what he hated him for and if that was tr

. >> he was a cartoonist who was responsible for the image that we have of santa claus. it was a german immigrant. very popular images that he created of the democratic balky and the republican elephant. by the time that bryan ran, how do not remember if nast is still alive or not, besides those images, he is best known for these really a fact is ridge -- relief vitriolic images of the corrupt boss of tammany hall in new york. his images of boss tweed looking like a cd devil really helped to -- seedy devil really help to bring tweed down. there was a prosecutor who was able to bring down the tweed ring. later on a democratic president ial candidate. >> we will go now to sacramento, calif. go-ahead place. caller: my question originates from the american presidents series. during the grover cleveland episode, there was a question about what grover cleveland thought of volumes jennings bryan -- of william jennings bryan. he said that grover cleveland hating william jennings bryan and he was not able to finish. i am curious what he hated him for and if that was true. >> i wi

santa! my man! ♪ make it a pepsi. pepsi? yeah, pepsi. but, mr. claust you had a deal with, uh, you know... i'm on vacation. i want to have a little fun. a'ight! ahh! shh! ♪ this is how we do it ♪ summer time is pepsi time naughty! nice!

♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ [applause] ♪ ♪ ♪ ♪ ♪ ♪ ♪ >> i am -- i am the person santa claus. -- p histe sayseriano go see my friends in city hall. i'm going to go see the people of san francisco. i am going to go see supervisor avalos arenas -- supervisor mirkarimi. i'm going to see our new mayor. he said, why? i said, because it is our new year. are you kidding? i said, this is a different new year. this is persian new year. [applause] our culture has a different new year, the beginning of spring when everything blooms. the flower carts bloom, the earth becomes fresh, it refreshes itself. -- the flowers and birds abloom. he said, jingle bells, jingle bells, jingle all the way." i said, not to that kind of new year. our new year has a different song. [singing] [singing] he said, ok, bye. because he was my older brother, i let him go. i said, i will see you in nine months. persia in new year is the beginning of the spring, everything refreshes. we also refresh just like the earth. we refresh our friendship even with our enemies. we forget our sorrows and we look to the new year with bright eyes an